ApideckTape
← Embedded Finance Index 2026

Rent Manager

“Can a bootstrapped, four-decade-old vertical SaaS remain the platform of choice for property managers by opening a wide integrations marketplace rather than owning the financial rails?”

Founded1980
HQCincinnati, Ohio, USA
FoundersDave Hegemann
IndustryVertical SaaS / Real Estate
The story

Rent Manager is the flagship product of London Computer Systems (LCS), a bootstrapped, family-owned software company founded in Cincinnati in the 1980s. It grew from a single-property tool into a full property-management platform used by 10,000+ operators across residential, commercial, manufactured housing, self-storage, student and vacation housing. Embedded finance is delivered almost entirely through partners — Zego for resident payments/utility management, AvidXchange for AP, Clyr for card expenses, plus an open Integrations Program — rather than through owned banking or lending products. Recent focus is Orion AI, layering automation and analytics over the existing accounting/leasing/maintenance core.

Last 12 months
2025-11
Product timeline
1980
Dave Hegemann writes what became Rent Manager on an Apple II to manage his father's mixed-use property.· pivot
1999
Rent Manager Online (RMO) launched, delivering the software via remote desktop over the internet.· pivot
2000
Rent Manager XP and Xi released; first Rent Manager User Conference held.· pivot
2010
rmAppSuite (iOS/Android) launched; Rent Manager 12 introduces API access and the Integrations program.· pivot
2020
rmResident renter app launched and Rent Manager Express released as an all-in-one cloud version.· pivot
2025
Orion AI announced as the AI layer inside Rent Manager for task automation and analytics.· pivot
The stack
2 layers disclosed in Rent Manager’s embedded-finance stack
Payments / PSP
Zego
Spend / AP
in the full report
Accounting gap: none
2 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Rent Manager — frequently asked

Who is Rent Manager's payment processor?

Rent Manager processes payments through Zego.

What is Rent Manager's embedded finance stack?

The Embedded Finance Index 2026 maps 2 layers in Rent Manager's stack: Payments / PSP (Zego); Spend / AP (Clyr and AvidXchange).

Who founded Rent Manager?

Rent Manager was founded by Dave Hegemann and is founded in 1980, headquartered in Cincinnati, Ohio, USA.

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Rent Manager and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to Rent Manager and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.